I just finished adding a 2 bedroom basement (Garden Level) apartment to my house. We are 2 blocks from a large college campus in a town that is also a popular vacation destination. We posted the unit on Airbnb and Vrb...
Hey everyone! Really need your advice and a big thanks to those who weighed in on this previously. After weighing all my options I have more detailed information. Quick backstory: I ventured into Airbnb in Orlando wit...
I recently looked at a single family home that I plan to flip. I’m putting an offer in this week and am trying to calculate my rehab expenses. The home is up the street from a lake and the interior of the home has a T...
Ran into a possible deal today. Lender (pretty sure it's a sub-prime) is forcing the sale of a place that I'm familiar with, I flipped it 4 years ago.
Listing price is $49.9, which I'm pretty sure is the face on the...
Hi all,I am currently in the process of having vinyl plank installed throughout a rental property to replace the pink ceramic tile that's currently there. One flooring guy told me that he could install the vinyl dire...
I've been reading threads... but getting confused. As a high W2 earner I am looking to apply the bonus depreciation in 2023 (my spouse will meet the 100 hour requirement). I'm considering buying 1 STR and 1 LTR. Th...
Hellop BP community,I am in a contract for a 2 story houses in Chicago. As part of the scope of work, I am trying to decide whether to replace the vinyl siding for the property or not. The siding is still in a good sh...
I have an opportunity to buy, rehab, and flip my first property in Florida. I am extremely new to this. Is there a loan that will include the purchase price and rehab cost? Isn't DCHS or something?
Hi all,
Am closing this week on a great little deal - $28k for a 3/1 with a bonus room and attached 1 car garage in a solid area. It already has its C of O for rental occupancy so we can move in tenants right away. ...
Hi! Anyone have advice on general rules of thumb or ways to estimate operating cost for a short term rental new construction? I need to figure out a base operating cost so I can consider this when I assess land purch...